Entries in Hulu (3)


Apple Interested in Making Bid for Hulu?

Hulu(NEW YORK) -- Apple, Inc. is said to be looking into purchasing the online video-streaming service Hulu.

Citing two people with knowledge of the auction, Bloomberg reports Apple is in early talks to make a bid for the website, which is partly owned by Rupert Murdoch's News Corp., Comcast Corp.’s NBC Universal, and Walt Disney Co. -- the parent company of ABC News.

Earlier this week, people familiar with the matter told Bloomberg that these owners are offering bidders a five-year extension to the rights of the programs Hulu streams, as well as two years of exclusive access.

Should Apple follow through and acquire Hulu, it could put the technology giant in direct competition with Netflix, a popular Internet movie rental service.

Copyright 2011 ABC News Radio


Redbox to Offer Online Video Subscriptions by Year's End

Photo Courtesy - Redbox(OAKBROOK TERRACE, Ill.) - Redbox has announced they will offer online video streaming subscriptions by the end of the year, reports The Hollywood Reporter.

The company, which currently operates more than 30,000 Redbox kiosks, will now be competing with Netflix in the online movie arena. Rumors have circulated that Redbox will pair with another company to offer the service, with both and being mentioned as potential partners, although neither has been confirmed.

The new service will offer consumers access to movies on mutiple devices, in addition to in-store kiosk pickups, for a monthly fee.

The move may help Redbox make up for lower-than-expected revenue last quarter, with more and more consumers turning to Internet-based entertainment.

Copyright 2011 ABC News Radio


Disney, ABC Reach $200-Million Deal with Netflix

Photo Courtesy -- Netflix(LOS GATOS, Calif.) – ABC has reached a $200-million streaming deal with Netflix, reports the Los Angeles Times.

ABC, which is owned by the Walt Disney Co., has reached an agreement that allows Netflix to stream ABC and Disney content over the Internet around two weeks after their original network broadcast.

In the agreement, Netflix paid $50,000 to $150,000 per episode to stream the television shows, adding to their rivalry with competitor Hulu, which is partially owned by Disney.

Netflix charges customers a monthly fee, starting at $7.99, for unlimited access to movies and TV shows on the Web.

Copyright 2010 ABC News Radio

ABC News Radio